Real Estate—Outright Gift

Outright Gift of Real Estate Diagram. Description of image is listed below.

How It Works

  1. Transfer title of property to UT Health Sciences
  2. Receive income-tax deduction for fair-market value of property
  3. UT Health Sciences may use or sell the property

Benefits

  • Income-tax deduction for fair-market value of property based on qualified appraisal
  • Avoid capital-gain tax on appreciation in value of the real estate
  • Relieved of details of selling property
  • Significant gift to UT Health Sciences

Contact Us

Bethany K. Goolsby, JD
Associate Vice Chancellor for Development
(901) 448-8212
bgoolsby@uthsc.edu

The University of Tennessee
Health Science Center
62 S. Dunlap, Suite 500
Memphis, TN 38163

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The University of Tennessee Foundation Inc., is the preferred channel for all private contributions that benefit students and faculty within the UT System.